Harold Volkmer: “Either way, I just say that if we get an independent counsel, I will be feeling a heck of a lot better about it all.…”

“Either way, I just say that if we get an independent counsel, I will be feeling a heck of a lot better about it all. Now, the other thing I want to talk about, and I think it is another thing that again comes back to our Speaker, but this has nothing to do with ethics, and it has nothing to do with personalities. It has to do with a little thing called Social Security and income taxes. Now, we all know that the Contract on America and that the Speaker says that we are going to exempt Social Security from any cuts; we are not going to raise anybody's taxes. But then I find that just the other day when I read a newspaper, day before yesterday, that there is an article in there about the CPI. Now, that is the Consumer Price Index. And that the Speaker, and your floor leader, Mr. Armey, especially, says we have got to hold down the CPI, we are going to hold it down. We are going to cut it. We need to get it down at least 1 or 1 percent. And do you know why, folks? Do you know what happens when the CPI goes down and is not at its normal rate? Then the people on Social Security do not get the increases that they are entitled to by law. Yes. And guess what happens to your income tax, because the personal exemption does not go up as much as it should by law and your income taxes go up because you do not have as much of a deduction? And who does it hit the worst?…”